Issuer officials who said Treasury's final issue price rules are a vast improvement over earlier proposals nevertheless raised concern that they might discourage competitive sales of bonds or create problems for issuers if underwriters run afoul of the rules.

California's Lockyer Announces Retirement

California Treasurer Bill Lockyer, who oversees some of the largest muncipal bond sales in the country, said he will retire from elected office at the end of his term in 2015.

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